HORIBA, Ltd. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2017; Provides Impairment Loss Guidance for the Fiscal Year Ending December 31, 2017
December 19, 2017 at 09:00 am
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HORIBA, Ltd. revised earnings guidance for the fiscal year ending December 31, 2017. For the year, the company expects net sales of JPY 192,000 million against prior guidance of JPY 190,000 million. Operating income is expected to be JPY 24,500 million against prior guidance of JPY 23,000 million. Ordinary income is expected to be JPY 23,500 million against prior guidance of JPY 22,000 million. Net income attributable to owners of parent is expected to be JPY 15,000 million against prior guidance of JPY 15,000 million. Net income per share is expected to be JPY 355.88 per share against prior guidance of JPY 355.88 per share.
For the year, the company expects to recognize an impairment loss of approximately JPY 2.3 billion on the goodwill and intangible fixed assets.
HORIBA,Ltd. is a Japan-based company engaged in the manufacture and sale of measuring instruments. The Company operates in five business segments. The Automotive Test System Equipment segment is engaged in the provision of engine exhaust gas measuring devices, driveline test systems, engine test systems, brake test systems and other products. The Environmental and Process System Equipment segment is engaged in the provision of flue gas analyzers, water quality measuring devices, air pollution monitoring analyzers and other products. The Medical System Equipment segment is engaged in the provision of blood cell counting devices, immunoassay devices and other products. The Semiconductor System Equipment segment is engaged in the provision of mass flow controllers, chemical solution concentration monitors and other products. The Scientific System Equipment segment is engaged in the provision of particle size distribution measuring devices, metal analyzers and other products.
HORIBA, Ltd. Revises Earnings Guidance for the Fiscal Year Ending December 31, 2017; Provides Impairment Loss Guidance for the Fiscal Year Ending December 31, 2017
HORIBA, LTD. 
